Readfield Historical Society
Readfield Historical Society reports no revenue or assets, indicating minimal financial activity.
EIN: 10412021 · Readfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Readfield Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Readfield Historical Society directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Readfield Historical Society
Readfield Historical Society (EIN: 10412021) is a nonprofit organization based in Readfield, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Readfield Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Readfield Historical Society with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Readfield Historical Society allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation information is available as the organization reports $0 in revenue and assets, suggesting it is likely entirely volunteer-run without paid staff.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Readfield Historical Society's IRS 990 filings:
- No reported financial activity, making financial assessment impossible.
Strengths
The following positive indicators were identified for Readfield Historical Society:
- Likely very low overhead due to $0 reported expenses and volunteer-driven model.
Frequently Asked Questions about Readfield Historical Society
Is Readfield Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Readfield Historical Society (EIN: 10412021) some concerns. Mission Score: 50/100. 1 red flag identified, 1 strength noted.
How does Readfield Historical Society spend its money?
Readfield Historical Society directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Readfield Historical Society tax-deductible?
Readfield Historical Society is registered as a tax-exempt nonprofit (EIN: 10412021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Readfield Historical Society CEO make?
Readfield Historical Society's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Readfield Historical Society located?
Readfield Historical Society is headquartered in Readfield, Maine and files with the IRS under EIN 10412021.
Is Readfield Historical Society a good charity?
Based on the provided data of $0 revenue and assets, it's impossible to assess financial performance or impact. It likely operates as a very small, volunteer-led community group.
How does Readfield Historical Society fund its operations?
With $0 in reported revenue, the organization likely relies on in-kind donations, small cash donations not meeting reporting thresholds, or entirely volunteer labor and resources.
Data Sources and Methodology
This transparency report for Readfield Historical Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.